Saturday, 20 April 2024

EUR / LAK

Recent News

  • Lao Factory Owners Say Proposed Wage Hike Will Shutter Businesses

    08:52 | 10/2/18
    Radio Free Asia
    At a meeting last month attended by the Ministry of Labor and Social Welfare, the Lao National Chamber of Commerce and Industry, and the Lao Federation of Trade Unions (LFTU), LFTU vice president Symoune Ounlasy proposed raising the minimum wage from ... more»

  • Laos: The road from Phonsavan to Luang Prabang

    14:07 | 11/12/17
    New Zealand Herald
    Justine Tyerman encounters good humour, warmth, cheerfulness . . . and some unusual food items on a road trip in Laos. There are 2000 corners on the road from Phonsavan in Xieng Khouang to Luang Prabang, guide Vieng warned us as we set out on the 306km ... more»

  • Laos revises poverty line

    15:11 | 26/7/17
    Xinhua
    On an average, a person earning 192,000 Lao kip (23 U.S. dollars) a month stays above the poverty line. In rural areas, 180,000 Lao kip (nearly 22 U.S. dollars) a month per person is considered to be living above the poverty line, while a person ... more»

  • Over 800000 vehicles registered in Lao capital

    02:26 | 19/7/17
    Xinhua
    The fees for vehicle categories include one million Lao kip (over 121 U.S. dollars) for heavy trucks with 18 wheels, 800,000 Lao kip (over 97 U.S. dollars) for heavy trucks with 12 wheels and sedans and SUVs with engines over 3,000 cc, 500,000 Lao kip ... more»

  • Chinese painter Chen Lin talks about his deep ties to Laos and its people

    22:52 | 12/7/17
    Global Times
    Charging only 5,000 Lao kip (60 cents) per painting, Chen's business attracted a large number of customers, who found that having their portrait drawn was actually cheaper than taking a photo and getting it developed. more»

  • Laos eyes 7 percent economic growth in 2018

    17:37 | 12/7/17
    Xinhua
    The Lao Finance Ministry is drafting the budget plan for 2018, which will be submitted to the upcoming ordinary session of the National Assembly (NA) in October. more»

  • Laos plans more cattle amid export slide

    06:00 | 11/7/17
    The Nation
    However, the retail price of beef on the domestic market still remains high at 70,000-75,000 kip (Bt289-310) per kilogram, due to a lack of supply. more»

  • Pyramid Scheme Leaves Lao Investors in the Lurch

    10:30 | 15/6/17
    Radio Free Asia
    The PS Agriculture and Industry Promotion Import-Export Company of Laos registered as an agricultural company in 2012 with 900 million kip (U.S. $109,240) of capital to produce purified drinking water, noodles, run a rice mill, and farm organic ... more»

  • Lao gov't to continue efforts to achieve growth targets

    13:18 | 26/4/17
    Xinhua
    The government then assessed that the national economy has grown at 7.02 percent in 2016 with the GDP reaching 129.2 trillion Lao kip (nearly 15.8 billion U.S. dollars) and the GDP per capita sitting at 2,408 U.S. dollars. The rate of poor families ... more»

  • Lao vice president vows to strengthen anti-corruption campaign

    19:30 | 20/4/17
    Xinhua
    Last year, Lao Ministry of Finance's Inspection Department revealed findings in a report that more than 785.8 billion Lao kip (around 96 million U.S. dollars) had been spent on 60 so-called "ghost projects" schemes for which money has been budgeted but ... more»
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